SUI Investors Have Opportunity to Lead Sun Communities, Inc. Securities Fraud Lawsuit | PR Newswire [Video]

, /PRNewswire/ — Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Sun Communities, Inc. (“Sun Communities” or the “Company”) (NYSE: SUI).

Class Period: February 28, 2019 – September 24, 2024

Lead Plaintiff Deadline: February 10, 2025

Investors suffering losses on their Sun Communities investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 215-638-4847 or by email to [email protected].

The complaint filed allegesthat, throughout the Class Period, Defendants failed to disclose to investors: (1) Board members’ insider trading, loans taken on behalf of Sun Communities by CEO Shiffman, and the mortgage signed by CEO Shiffman on behalf of an entity called DH Bingham Farms LLC; and (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all …